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5063 MADSEN Road, Radium Hot Springs
2026-08-20
Quick Summary
MLS®#10397861
Property Description
Radium Chalet is an 18-unit boutique hotel holding one of the most recognizable hillside positions in Radium Hot Springs, offered as a rare single-ownership hospitality asset at the doorstep of two national parks. The three-storey chalet, built circa 1982, The roof and bathrooms were renewed in2014 and added a new parking-lot retaining wall the same year. The property covers 2.216 acres across 18 separate titles, 17 strata lots plus one fee-simple lot, all consolidated under single ownership. Zoning is C-2 under the Village of Radium Hot Springs. Municipal water and sewer serve the site. Buyers should confirm permitted uses with the Village of Radium Hot Springs. Furthermore, Radium Hot Springs sits at the crossroads of Highways 93 and 95, 1.5 hours from Banff and 3 hours from Calgary, drawing a year-round mix of park visitors, golfers, skiers and road travellers. This property is offered together with the neighbouring Rocky Mountain Springs Lodge (5067 Madsen Rd) as a combined hospitality portfolio at $3,000,000 total. All inquiries must be directed through BC Commercial Group, RE/MAX Kelowna. (id:32467)
Property Features
Building
- Fireplace: No
- Building Type: Other
- Utility Water: Municipal water
Land
- Land Size: 2.21 ac|1 - 5 acres
- Sewer: Municipal sewage system
Ownership
- Type: Strata
Information entered by REMAX Kelowna
Listing information last updated on: 2026-08-18 21:52:33
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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